Goldzilla Vs. Russell 2000

Here is the first in a study of the ratios of gold as represented by the ETF (GLD) and various other asset classes, this time the universe of smaller cap stocks in the Russell 2000 ETF (IWM).  Gold is pulling back, in relation to the Russell 2000, from the prior high (post financial system quasi-meltdown) achieved in late 2009, when it was making new historical highs on foreign central bank buying, among other factors.